The Ethereum mining boom hits its peak in June, but it hasn’t stopped casual – and professional miners from continuing to mine the digital cryptocurrency. The current price of Ethereum is actually quite good, where at the time of writing it had reached $300.
Back to the mining, where I’ve scoped out the difficulty chart for Ethereum which is continuing to grow. Earlier this month it reached 1.5T, up from the 1.25T or so towards the end of July.
But now, Ethereum mining difficulty has spiked to 1.75T, its highest yet. If you’re still mining Ethereum, I’ve written an article saying Ethereum mining is DEAD… and I still stand by those words. If you’ve got graphics cards laying around… sure. But I wouldn’t advise ANYONE to invest in hardware to mine Ethereum right now, or ever again.
I still have my machines mining away, but I’ve moved most of my GeForce-based cards to mining Zcash – ETH, continues to mine on a handful of my NVIDIA cards, but mostly my Radeon graphics cards.
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